Instructor for this course

International Financial Reporting Standards (IFRS) provides for various methods for accounting for investments in other entities.  Other entities which are not consolidated may be classified as an “associate” per International Accounting Standard (IAS) 20, or a “joint arrangement” per IFRS 11, or an “investment entity” per IFRS 10.  In addition, IFRS 10 provides guidance for entities that are consolidated.  This course explores when it is appropriate to apply each of the accounting methods for investments in other entities, and the resulting financial statement implications.

Learning Objectives

  • Explore the equity method for accounting for associates that are “significantly influenced” by the reporting entity per International Accounting Standard (IAS) 20.  
  • Discover the proper treatment of joint ventures and joint operations per International Financial Reporting Standard (IFRS) 11. 
  • Recognize when an entity qualifies as an investment entity per IFRS 10, which precludes consolidation by the parent entity. 
  • Discover the principles of consolidation per IFRS 10.
Last updated/reviewed: May 11, 2022

Included In Certifications

This course is included in the following Certification Programs:

17 CoursesIFRS Certificate Program

  1. General Considerations for Preparing Financial Statements in Accordance with IFRS
  2. IFRS vs. U.S. GAAP - Major Differences in Accounting
  3. 2022 IFRS Update
  4. IFRS for Small and Medium-Sized Entities Compared to Full IFRS
  5. Accounting for Revenue from Contracts with Customers per IFRS 15
  6. Accounting for Leases under IFRS 16
  7. IFRS - Accounting for Share-Based Payment Awards per IFRS 2
  8. Accounting for Financial Instruments under IFRS 9
  9. Accounting for Nonfinancial Assets under IFRS
  10. Accounting for Business Combinations under IFRS 3
  11. IFRS - Accounting for Employee Benefits per IAS 19 and IFRIC 14
  12. Accounting for Investments in Other Entities, Including Consolidation, under IFRS
  13. IFRS - Accounting for Income Taxes per IAS 12
  14. IFRS - Derivatives and Hedge Accounting under IFRS 9
  15. IFRS - Special Accounting Topics
  16. IFRS - Special Financial Reporting Issues
  17. IFRS - General Financial Statement Disclosures

2 Reviews (24 ratings)Reviews

Member's Profile
Course seems to be overwhelming and paced. Examples would assist in assimilating the concepts easier but it might be hard to squeeze in 1 hour CPE
Anonymous Author
Good content to obtain an overview of the underlying topic. This instructor also has a similar course - both courses compliment each other.


Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
  1:35Introduction to Accounting for Investments in Other Entities, Including Consolidation, under IFRS
  3:29Associates And The Equity Method - Overview
  7:08Equity Method - Accounting Considerations
  3:16Equity Method - Reporting Considerations and Forthcoming Requirements
  3:47Joint Arrangements
  3:37Investment Entity Consolidation Exception
  7:40Consolidation Overview and Power to Direct Model
  3:59Noncontrolling Interest
  3:45Derecognition Special Considerations, Reporting Special Considerations, and Conclusion
  38:16Accounting for Investments in Other Entities, Including Consolidation, under IFRS
  PDFSlides: Accounting for Investments in Other Entities, Including Consolidation, under IFRS
  PDFAccounting for Investments in Other Entities, Including Consolidation, under IFRS Glossary/Index